CHARLESTON, SC: May 20, 2014 – Capital A Partners joins The Center for Innovative Technology (CIT) in an investment in Arlington-based startup, PerformYard. PerformYard provides enterprise software for strategy execution, employee performance and human resources information. PerformYard is CAP A’s second investment in software, following their investment in Swedish-based mobile enterprise software, OpenRatio, in April.
“CAP A is thrilled to follow CIT’s investment lead from earlier this year into PerformYard, a company that is rapidly penetrating underserved small to medium-sized businesses in need of its collaborative HR management platform,” stated David Mendez, General Partner for CAP A. “CAP A’s involvement in our company will be strategic as we navigate the software landscape with our new offering,” added Ben Hastings, CEO at PerformYard. “CAP A’s knowledge and experience in the software space will be a valuable addition to the team as we continue to ramp sales growth and work with larger companies in the enterprise, “ added Hastings.
Contact for PerformYard: Ben Hastings, CEO, email@example.com.